🌟$SOL SOL/USDT Technical Analysis - Eyeing a Breakout!

📈 Current Snapshot:

Price: $190.09 (+0.81%)

24h High: $199.27

24h Low: $188.17

Volume (SOL): 2.48M

Volume (USDT): 480.42M

💹 Key Levels to Watch:

Resistance: $199.27 - Breaking this level could push SOL to test $205.

Support: $188.17 - A critical zone to maintain bullish sentiment.

🕵️‍♂️ Market Observations:

Trend: SOL is consolidating near the $190 zone, with a potential bounce.

MACD: Indicates a slight bearish crossover, but momentum could shift on increased buying pressure.

Volume: Healthy trading activity supports potential upward movement.

🚀 Trading Strategy:

Entry Point (Long): $189-$191 for a move toward $195-$200.

Targets:

1️⃣ Short-term: $195

2️⃣ Medium-term: $199

3️⃣ Long-term: $205

Stop Loss: Below $187 to minimize downside risk.

⚠️ Pro Tip: Keep an eye on BTC and market sentiment for macro direction. If SOL reclaims $195, it could spark a rally toward higher highs.

💬 What’s Your Call?

Do you see SOL flipping $200 soon? Share your thoughts below!

#Solana #SOLUSDT #CryptoSignals #BinanceTrading #BitcoinInSwissReserves